FUNDS 13.3.2

The following oversight arrangements are hereby prescribed by the Regulator for the purposes of Rule 13.3.1(a) above:

(a) an Oversight Committee comprising at least three individuals each of whom meets the suitability criteria prescribed in Rule 13.3.3; or
(b) the Eligible Custodian or Trustee of the Fund, where the individuals undertaking the primary responsibility for the oversight function meet the suitability criteria prescribed in Rule 13.3.3.